Orion Money — opening the stablecoin savings gateway into Anchor Protocol

Yields on Certificate of Deposits across different maturities, 2010–2021 | Source: FRED

Evolution of the money market

Stable and high-yielding deposit rates on Anchor Protocol

Gaps to be resolved in the stablecoin savings market

  1. There is a huge stablecoin market that lacks direct access to Anchor’s money market protocol. As of May 2021, the stablecoin market cap reached a key milestone of $100 Billion. However, >85% of the stablecoin market cap is dominated by the top 3 Ethereum-based stablecoins (USDT, USDC, DAI). The Terra stablecoin (UST), while fast-growing, currently makes up ~2% of the entire stablecoin market. A gateway that bridges these stablecoins into Anchor immediately opens the protocol up to a much wider user base with a greater volume of liquidity.
Cumulative stablecoin market capitalization | Source: Blockchaincenter.net

Launching the stablecoin savings gateway to Anchor Protocol

Launching the gateway for stablecoins on other blockchains to access Anchor Protocol.

APY levels across different tiers for Orion Money — Earth, Station, and Moon

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Orion Money's vision is to become a cross-chain stablecoins bank - the best place in DeFi for stablecoin saving, lending, and spending. Check www.orion.money

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Orion Money

Orion Money

Orion Money's vision is to become a cross-chain stablecoins bank - the best place in DeFi for stablecoin saving, lending, and spending. Check www.orion.money

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